AP National Business

Wall Street pointed toward an uneven open on Monday as investors kept an eye on efforts to negotiate an end to Russia’s war on Ukraine. Futures for the Dow Jones Industrial Average slipped 0.2%, while the same for the S&P 500 inched up less than 0.1%. Russia’s attack has pushed oil prices up another $4

By JOE McDONALD AP Business Writer BEIJING (AP) — China is, along with North America and Europe, one of the world’s top three air travel markets and has dramatically improved safety since suffering a string of deadly crashes in the 1990s and 2000s. The crash Monday of a China Eastern Airlines flight in mountains in

By The Associated Press Russia’s central bank cautiously reopened bond trading on the Moscow exchange for the first time since the country invaded Ukraine. The price of Russia’s ruble-denominated government debt fell Monday, sending borrowing costs higher. Stock trading has remained closed, with no word on when it might reopen. The central bank bought bonds

BEIRUT (AP) — A Lebanese judge says she has charged the country’s central bank governor with illegal enrichment and money laundering during the country’s economic meltdown. The judge, from Mount Lebanon district court, says that the governor’s brother, who was detained last week, was also charged with taking part in the crimes. The move came

By MICHELLE CHAPMAN and JOSH FUNK AP Business Writers Warren Buffett’s Berkshire Hathaway is buying the insurance company Alleghany in a deal valued at approximately $11.6 billion. The acquisition will expand Berkshire’s already considerable insurance holdings that include brands like Geico auto insurance, and put some of Berkshire’s nearly $147 billion in cash to work.

NEW DELHI India’s foreign secretary says ally Australia understands New Delhi’s position on the ongoing Ukraine crisis, as the two countries aim to focus on stability in the Indo-Pacific region and pushing through a major trade deal. The comments from Harsh Vardhan Shringla came after Prime Minister Narendra Modi and his Australian counterpart, Scott Morrison,

By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — Saudi Arabia says it won’t bear any responsibility for a shortage in global oil supplies after attacks by Yemen’s Iran-backed Houthi rebels affected the kingdom’s production. The statement on Monday was carried by the state-run Saudi Press Agency. The unusually stark warning marked a

By MICHELLE CHAPMAN AP Business Writer Warren Buffett’s Berkshire Hathaway is buying the insurance company Alleghany in a deal valued at approximately $11.6 billion. The acquisition will expand Berkshire’s already considerable insurance holdings including brands like Geico auto insurance. Berkshire said Monday that it will pay $848.02 in cash for each outstanding share of Alleghany,

By LIZ WESTON of NerdWallet The IRS is overburdened and understaffed, which means even the smallest error could delay the processing of your tax return for months. The biggest mistake is opting for paper filing, which could take longer to process and is often more likely to contain errors. Instead, file your return electronically and

By LORNE COOK Associated Press BRUSSELS (AP) — European Union countries are accusing Russia of committing war crimes in Ukraine. But the 27-nation bloc appears unlikely to impose new sanctions on Moscow despite a clamor across Europe for those responsible to be held to account. Civilian deaths are mounting notably in the besieged Ukrainian port

OMAHA, Neb. (AP) — Warren Buffett’s Berkshire Hathaway is buying insurance company Alleghany in a deal valued at approximately $11.6 billion. Berkshire will pay $848.02 per Alleghany Corp. share. Both companies’ boards approved the deal, which is expected to close in the fourth quarter. It still needs approval from Alleghany shareholders.

By SAMY MAGDY Associated Press CAIRO (AP) — The Central Bank of Egypt has raised its key interest rate for the first time since 2017, citing inflationary pressures triggered by the coronavirus pandemic and Russia’s war in Ukraine. The war hiked oil prices to new records. The key rate was raised by 100 basis points,

By KEN MORITSUGU Associated Press BEIJING (AP) — A China Eastern Boeing 737-800 with 132 people on board crashed in a remote mountainous area of southern China on Monday, officials said, setting off a forest fire visible from space in the country’s worst air disaster in nearly a decade. More than 18 hours after communication

By JOE McDONALD AP Business Writer BEIJING (AP) — World shares are mixed after Wall Street’s biggest weekly gain in 16 months as investors watch efforts to negotiate an end to Russia’s war on Ukraine. U.S. crude oil gained $4 a barrel. Benchmarks rose in Paris, London and Frankfurt but most major Asian markets declined.

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are lower after Wall Street’s biggest weekly gain in 16 months as investors watch efforts to negotiate an end to Russia’s war on Ukraine. Oil prices rose 3%. Shanghai, Hong Kong, Seoul and Sydney retreated. Japanese markets were closed for a holiday. Wall

HONG KONG (AP) — Hong Kong’s leader Carrie Lam said Monday that the city would lift flight bans on nine countries including Britain and the U.S. on April 1. She said it will also reduce quarantine time for travelers arriving in the city as coronavirus infections in its latest outbreak plateau. Lam said plans for

By JOE McDONALD AP Business Writer BEIJING (AP) — Shanghai Disney has closed as the city tries to control its biggest coronavirus flareup in two years, while the southern business center of Shenzhen allowed shops and offices to reopen after a weeklong closure. Meanwhile, the cities of Changchun and Jilin in the northeast began more

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are mixed after Wall Street turned in its biggest weekly gain in 16 months as investors watched efforts to negotiate an end to Russia’s war on Ukraine. Regional heavyweights Shanghai and Hong Kong gained. Seoul and Sydney retreated. Japanese markets were closed for